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Re: A deleted message

Saturday, 10/26/2019 7:51:33 AM

Saturday, October 26, 2019 7:51:33 AM

Post# of 113624
Just a thought on the subject of financing. It's a possibility that NioCorp is somewhere between needing capital to finance day to day operations and getting a financing package that Mark does not want to start paying interest on until he absolutely has construction operations in full swing. I am expounding on this idea pitched by another poster whose name I can't recall. This strategy may account for why NioCorp has not issued another PP and why Mark appears to be funding the company on an interim basis which gives more merit to the argument that a funding package is waiting in the wings until construction begins. Technically, there are a lot of steps that need to take place re construction: Getting construction equipment on site. (koyotes favorite subject). Trailers. Power. Water. etc etc. Not to mention coordinating and organizing schedules and logistics for the various sub contractors. Hiring personnel and construction workers etc etc. If the air permit application is any indication and NioCorp holds to their anticipated start date of construction, January 2020, they will need financing and soon!
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